Us Bancorp \De\ (USB) Occupancy Expense (2009 - 2026)
Us Bancorp's Occupancy Expense was $309 million in Q3 2026, up 3.0% from $300 million a year earlier and up 2.0% from the prior quarter.
Us Bancorp \De\ (USB) Occupancy Expense (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Us Bancorp's Occupancy Expense was $1.24 billion through Sep 30, 2026, up 1.0% year-over-year; for FY2025, it was $1.23 billion, down 1.5% from FY2024.
- Occupancy Expense shows a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- In earlier years, Occupancy Expense was $1.25 billion in FY2024 (-1.6%), $1.27 billion in FY2023 (+15.5%), $1.1 billion in FY2022 (+4.6%) and $1.05 billion in FY2021 (-4.0%).
- Quarterly Occupancy Expense has moved between $265 million (Q2 2022) and $321 million (Q1 2023) over five years.
- Compared with a year earlier, Occupancy Expense was higher in five of the last eight quarters, with an average decline of 0.3%.
- The best year-over-year quarter for Occupancy Expense over five years was Q1 2023 (growth of 19.3%); the worst was Q1 2024 (a decline of 7.8%).
- Per Business Quant data, USB's Occupancy Expense in the three quarters before Q3 2026 was $303 million (Q2 2026), $304 million (Q1 2026) and $320 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - |
| 10 | Us Bancorp \De\ | 95.04 Bn | 95.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 309.00 Mn |
| Jun 30, 2026 | 303.00 Mn |
| Mar 31, 2026 | 304.00 Mn |
| Dec 31, 2025 | 320.00 Mn |
| Sep 30, 2025 | 300.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Mar 31, 2025 | 306.00 Mn |
| Dec 31, 2024 | 317.00 Mn |
| Sep 30, 2024 | 317.00 Mn |
| Jun 30, 2024 | 316.00 Mn |
| Mar 31, 2024 | 296.00 Mn |
| Dec 31, 2023 | 316.00 Mn |
| Sep 30, 2023 | 313.00 Mn |
| Jun 30, 2023 | 316.00 Mn |
| Mar 31, 2023 | 321.00 Mn |
| Dec 31, 2022 | 290.00 Mn |
| Sep 30, 2022 | 272.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Mar 31, 2022 | 269.00 Mn |
| Dec 31, 2021 | 268.00 Mn |
Us Bancorp \De\ Occupancy Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=occupancy-expense&ticker=USB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "occupancy-expense", "ticker": "USB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=occupancy-expense&ticker=USB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();